Customer Satisfaction based on Conspicuous Consumption
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This research focuses on the factors based on the satisfaction of customers within the domain of fashion accessories. Read more about the common and different themes/findings across the four articles, study limitations, and future research directions.
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Running head:CUSTOMER SATISFACTION BASED ON CONSPICUOUS CONSUMPTION Customer Satisfaction based on Conspicuous Consumption Name of the Student Name of the University Author’s note
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1CUSTOMER SATISFACTION BASED ON CONSPICUOUS CONSUMPTION Table of Contents 1. A Brief Summary of the Theory and Progression in the Field..............................................2 2. Common Themes/Findings across the four articles...............................................................2 3. Different Themes/Findings across the four articles...............................................................3 4.Study limitations and how these differ across the various study designs (quantitative, qualitative)..................................................................................................................................4 5.Future research directions proposed in the articles................................................................5 6. References..............................................................................................................................6 7. Segregation of the References................................................................................................7
2CUSTOMER SATISFACTION BASED ON CONSPICUOUS CONSUMPTION 1. A Brief Summary of the Theory and Progression in the Field The research is based on the factors based on the satisfaction of customers based within the domain of fashion accessories. In the recent times, it has been seen that there have been a major form of shift within the changes of perception of the people in relation with the making of decisions based on purchasing different form of fashion accessories. The changing perception of people have helped in impacting and modifying the market structure. The study conducted by Bian and Forsythe in 2012 helps in the examination of the individual characteristics of the consumers based on their unique needs and conditions of self-monitoring. Their study helps in providing a conceptual framework about the discussion based on the study of perception of the consumers. The research proposed by Li would apply the qualitative methods of research based on the generated data. These data would be generated based on the conduction of several kinds of reviews. Rojas Civic have conducted a study for the implementation of collection and thus generating quantificational data. Hence the research conducted is based on a quantitative approach. The study helps in describing and thus analysing the behaviour of the consumers within the social media towards different fashion brands. The study by Huynh focuses on the implementation of both quantitative and qualitative methods that have been applied within the research for ensuring reliability within the conduction of research. The research thus includes interviews with customers about their responses based on the different fashion brands. 2. Common Themes/Findings across the four articles As discussed, the research conducted by Bian and Forsythe emphasizes on the structural equation modelling (SEM). The SEM helps in understanding the nature of the U.S and Chinese customers based on their self-monitoring attitude in a positive manner. The
3CUSTOMER SATISFACTION BASED ON CONSPICUOUS CONSUMPTION study helps in understanding that the attitude of the people plays a major role between the purchase intentions and social function attitudes. The works of Li discusses about the ways in which the women community have built a relationship with the American luxury brands within Finland. The research has also compared the cultural influence on defining the concepts of the meanings of brands. The research by RojasCivichelpsin gatheringdatathroughan onlinesurveyand on a questionnaire method based on social media users. The research helps in understanding the activity of the consumers within the social media platform based on the level of engagement with the various fashion brands. This also helps in a proper form of understanding about the ways in which they perceive the factors of purchasing fashion accessories by viewing advertisements. However the study by Huynh is based on the reviews submitted by customers and is also based on the analysis of the online promotion of sales. The factors of the different forms of promotion published within the social networks help in analysing the responses of the customers. The customers provide responses based on the viewing of the products and promotional standards. Hence the data gathered from the responses would be majorly helpful for the purpose of developing a strategic plan on improving the quality of products and earning a high reputation of the brand. 3. Different Themes/Findings across the four articles The different theories have particularly focused on the impacts of the perception of the customers based on the different luxury products and fashion accessories. Hence it is difficult to identify different conflicting theories across all the articles. Bian and Forsythe have focused on the fact that consumers purchase different products based on reflecting their social status. The studies have also reflected the fact that
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4CUSTOMER SATISFACTION BASED ON CONSPICUOUS CONSUMPTION the perceptions based on luxury brands are inconsistent based across market segments. This is due to the fact that luxury could be defined as a subjective concept and hence is dependent on the perception of the consumers. Li has applied the qualitative method for exploring the feelings of the customers. This methodhasbeensuitableforunderstandingthecomplicatedphenomenoninamuch systematic manner. This research helps in understanding the ways in which customers would build relationship with the different brands based on the influence of culture. Rojas Civic have chosen the method of collecting data based on a cross-sectional survey based on the different social media platforms. This study also focuses on earlier researches for analysing the consumer behaviour towards different fashion brands. However the research conducted by Huynh includes the reviews based on the different interviews on customers about their major perceptions related to fashion accessories brands. They also helps in analysing the various orders on a fashion webpage based on the promotional offers that were provided. This form of direct interviews helped in gaining the perception of the customers based on different brands. 4.Study limitations and how these differ across the various study designs (quantitative, qualitative) The study byBian and Forsythe help in noting that there is an issue of measurement of the appropriateness based on using developed scales within the Western culture. The study by Li focuses on the form of limitations based on smaller sample volume and the limited form of cultural variety. This also helps in understanding that the accurate model of consumer-brand relationship would not be reflected based on a smaller group of consumers. Rojas Civic have identified the limitations based on the motivation for fashion consumers. One of the main limitations is based on the focus on few studies that were related on the
5CUSTOMER SATISFACTION BASED ON CONSPICUOUS CONSUMPTION fashion industry based on social media. However, the main limitation of the study by Huynh discusses about the basic limitation of not having online tools for analysis, which would be needed for measurement of the online behaviour of the customers. 5.Future research directions proposed in the articles Bian and Forsythe note that the future research might utilize a sample that would represent the entire population of consumers for better understanding of the actual purchase intentions based on luxury brands. The study conducted by Li help in encouraging the customers about gaining insights about the psychology of consumers based on the meanings of brands. Rojas Civic have suggested that the future studies should focus on different consumer groups who would be interested in fashion accessories. The author also suggests that a study on consumer behaviour that would be focused on social media platforms that are mostly used by individuals. However the study by Huynh discusses the fact that maximizing the equity of brands would be critical for the benefits and future growth of the fashion brands.
6CUSTOMER SATISFACTION BASED ON CONSPICUOUS CONSUMPTION 6. References Bian, Q. and Forsythe, S., 2012. Purchase intention for luxury brands: A cross cultural comparison.Journal of Business Research,65(10), pp.1443-1451. Huynh, T., 2017. Online Branding: case: Insjö Oy. Li, C., 2018. Consumer-brand relationship of American luxury brands in the Finnish market– A case study of Michael Kors (Master's thesis). Rojas Civic, M., 2015. Consumer Behavior on Social Media.: A study about consumer behavior towards fashion brands on social media.
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7CUSTOMER SATISFACTION BASED ON CONSPICUOUS CONSUMPTION 7. Segregation of the References Bian, Q. and Forsythe, S., 2012. Purchase intention for luxury brands: A cross cultural comparison. Journal of Business Research, 65(10), pp.1443-1451. Conceptual Framework of Research Li, C., 2018. Consumer-brand relationship of American luxury brands in the Finnish market–AcasestudyofMichaelKors (Master's thesis). Qualitative Method of Research Framework Rojas Civic, M., 2015. Consumer Behavior on Social Media.: A study about consumer behavior towards fashion brands on social media. QuantitativeMethodofResearch Framework Huynh, T., 2017. Online Branding: case: Insjö Oy. Mixed Method of Research (Quantitative and Qualitative)